Mphasis grants 5,000 employee stock options
Mphasis Limited announced on December 4, 2025, the grant of 5,000 stock options under its Employee Stock Option Plan 2016 (ESOP 2016). This decision follows a resolution passed by the ESOP Compensation Committee of the board of directors on December 3, 2025, with an effective date of December 3, 2025. The options are granted to identified employees of the company and comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
Each option has an exercise price of ₹2,700 and entitles the holder to apply for one equity share of the company, valued at ₹10 each. The vesting period for these options is five years, with equal proportion vesting annually. Employees can exercise these options within 60 months from their respective vesting dates. The shares resulting from the exercise of these options will be allotted, and the entire plan will be managed through the Mphasis Employees Equity Reward Trust.
The company has requested that the BSE Limited and the National Stock Exchange of India Ltd record this grant as per the provisions of the listing and SEBI regulations. This move aims to align employee incentives with the company's performance, fostering long-term commitment and value creation. The announcement was made by Mayank Verma, senior vice president and company secretary of Mphasis Limited.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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